Bitmain IPO in ‘Death Spiral’? Rumors Of $740M Q3 Loss as Bitcoin Cash Crashes
Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, ...
Tag: mining
No, Lower Bitcoin Price Won’t Start a Mining ‘Death Spiral’
A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the ...
The Hidden Benefits of Bitcoin Mining
The energy costs of bitcoin mining are often cited as canceling out the. We must also consider the savings made, ...
Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’
The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process ...
Heat Your Home or Business With a Mining Rig
Bitcoin mining uses a lot of energy to power the processors, which in turn generate a lot of heat. We ...
Principle Fired for Mining Cryptocurrency at a School in China
A Middle School principle in China was fired after staffers uncovered a cryptocurrency mining scheme utilizing school computers. Local media in ...
BitFury $80M Funding Round Attracts Galaxy Digital’s Novogratz
Bitcoin mining infrastructure company BitFury Group has closed a private funding round worth $80 million from both global and cryptocurrency-focused ...
BTCC to Shut Down Mining Pool Following ‘Business Adjustments’
The turbulent journey of the Bitcoin mining sector continues this week as BTCCPool announces it will close “indefinitely” November 30. ...
